Non-Corporate Non-Sponsored Research Terms & Conditions

Our research and documents are made available for information purposes only to ‘peer to peer’ persons who are eligible counterparties or professional institutional clients. The documents are exempt from the general restriction in section 21 of the Financial Services and Markets Act 2000 on the communication of invitations or inducements to engage in investment activity on the grounds that it is being distributed (under article 3 exemption) only to persons of a kind described in section 19(5) article 50 (Investment/market professionals) and 49(2) (High Net Worth companies, unincorporated associations etc.), of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended). The research is not intended to be distributed or passed on, directly or indirectly, to any other class of person. The laws and regulations of other governing countries may also restrict the distribution of this research to such persons outside of the UK. The recipient acknowledges that no financial advice is being provided, and should we require we would be provided evidence to confirm eligibility status is met.

Terms and conditions for research purchase:

  1. Third Parties and Fee Collection. You acknowledge and agree that any credit card and related billing and payment information that you provide to TLSD may be shared by TLSD with companies who work on TLSD’s behalf, such as payment processors or e-commerce suppliers, solely for the purpose of effecting payment to TLSD. The terms of your payment will be based on your chosen Payment Method and may be determined by agreements between you and the financial institution providing such Payment Method. For certain Payment Methods, the issuer of your Payment Method may charge you a foreign transaction fee or related charges. Check with your bank and credit card issuers for details. If your Payment Method for any Paid Service fails or your account is past due, (i) you agree to pay all amounts due on your TLSD account upon demand, (ii) TLSD reserves the right to either suspend or terminate your access to one or more TLSD Services. Upon any such termination, you will remain obligated to pay all outstanding fees and charges relating to your account.
  2. Refunds. Any fees charged to your account are non-refundable except as expressly stated in these Terms. If you or we cancel your account, you are not entitled to a refund of any fees that were already charged for a service already received. You agree to submit any dispute regarding any charge to your account in writing to TLSD within thirty (30) days of the charge, otherwise that dispute will be waived and the charge will be final and not subject to challenge. Refunds (if any) made pursuant to a dispute, are at the discretion of TLSD.

Any and all software, services, payment methods, confidential information and any other technology or materials provided by TLSD to the customer are provided ‘as is’ and without warranty of any kind. TLSD makes no other warranties, express or implied, including express or implied warranties of merchantability, fitness for a particular purpose, and any non-infringement, neither TLSD or any member of its organisation, affiliates, or service providers, warrants or represents that the downloads will be uninterrupted, error-free, or secure, although we will always make best efforts to do so.  The customer acknowledges that there are risks inherent in internet connectivity that could result in the loss of customers privacy, data, confidential information and property. Please also read all the research and legal disclaimers at the base of The Life Sciences Division website.